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Umicore to invest one billion in Canadian battery material plant
Belgian battery materials provider Umicore is to invest 1,15 billion euros in a new cathode production plant in Canada, the first in North America /Umicore
Canada’s Prime Minister Justin Trudeau announced on Wednesday that Belgian battery material giant Umicore will build a new battery materials plant in the capital Ottawa in the Ontario province. It will produce cathode materials to equip about one million electric vehicles with lithium-ion batteries a year and create hundreds of jobs. According to Ontario’s Economic
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